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20121228
20121228
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CNBC 6
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MSNBCW 3
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WBFF (FOX) 1
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Search Results 0 to 19 of about 20
CNBC
Dec 28, 2012 4:00pm EST
of drama in washington. congressional leaders have arrived at white house. they arrived there about an hour ago with three days to go before we go over that proverbial fiscal cliff. they are meeting with the president and the treasury secretary timothy geithner, and they are trying to hash out a deal. but reports that the president has nothing new on the table has ended up spooking wall street in a big way just in the last hour, and as bill said we finished down near the lows of the day, down about 157 points for the dow. settling up right now. down what, about 165 at the very low, bill? >> i think so, yes. >> and the nasdaq finishing down 25 points and the s&p off by 15, a fifth straight day in the red. well, it is the last friday of 2012. it's in the books. check. still no deal in sight and no new offer either on the table from the president as eamon javers told us a little while ago. what now for the markets? we have our guests and our very own rick sell sebak with us. rick, let me get to you, first of all, because you're here on the set. what now for the markets? >> what now for the mar
MSNBC
Dec 27, 2012 9:00pm PST
in washington early this morning. and he was a senator by this afternoon. that is a big day. so senator schatz, welcome to washington. welcome to the u.s. senate. there is a lot to catch up on. first of all, many of your new colleagues, most of the people you're about to join, they won their elections back in november. you of course did not. so it is possible that between november and now, like a normal human being, you were not paying all that much attention 20 what washington has been up to. it's the end of the year. things have slowed down. we're waiting for a new congress to come in. usually you would have time to get your bearings to figure out where the bathrooms are. that is not going to be the case this year. not with the fiscal cliff. luckily for you, we here at "the rachel maddow show," we have been paying attention. we have had absolutely no other choice, unfortunately. and we are here to help you and everyone else trying to figure out how we got to this point we are in. right after that election, the day after the election, in fact, your new colleagues got to work immediately on th
CNBC
Dec 28, 2012 3:00pm EST
there in washington as we wait for the white puff of smoke to come out of the white house, eamon. >> reporter: kind of what feels like here, bill. a lot of energy at the white house, a lot of curiosity surrounding this meeting. what you can't see from here and what i can't show you, unfortunately, is just about 50 yards from here is where you saw speaker boehner walking into the building, and we've got a whole cadre of white house still press photographers up on ladders peering over the hedge trying to get a picture of the leaders as they walk in and just to the left of that crowd is another crowd of reporters all gathered around the stakeout cameras. that's where the leaders could come out and talk to microphones if they wanted to say anything after this meeting. there's a lot of anticipation of whether they will say anything after this meeting, and it's widely seen that this would be a good sign for negotiations if they do come out and talk. a lot of previous white house meetings, they have not come out to say anything afterwards, so all those folks waiting over there might be waiting in vain her
FOX
Dec 28, 2012 7:00am EST
with a grand bargain. they're just trying to get something done and fast. president obama back in washington, but can he lead both parties to a compromise fiscal cliff work-around? republicans say democrats have been dragging their feet for months and they won't be pressured into what they considered a bad deal that doesn't help balance the nation's books. >> the president calls congressional leaders to the white house, it's political theater or they have a deal. my bet is it's theater. >> reporter: speaker john boehner hasn't been able to get them to budge on a deal to raise taxes and the name calling is getting ugly. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> reporter: and it's true the senate controlled by democrats is working this week, but they're not working on the fiscal cliff. and the house won't even be back to work until sunday, just two days before the ye
CNN
Dec 27, 2012 4:00pm PST
the cliff. that's where senate majority leader harry reid says we're headed. can washington save us with just five days to go? >>> plus, a proposal to give guns to school principals is gaining support. we're "outfront" with an arizona sheriff who's backing that plan. >>> and the 2012 election was all about viral videos, tonight we're counting down our favorite political video of the year. let's go "outfront." >>> i'm john avalon in for erin burnett. "outfront" tonight, a stark warning from capitol hill. senate majority leader harry reid says we're all headed for fiscal disaster. >> if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with four days left before the first of the year, aren't here. >> we're now told the house will finally return to work on sunday. now, that's december 30th. in other words, less than 48 hours before we go over the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports fro
CNN
Dec 27, 2012 11:00pm PST
the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific? >> reporter: hey, john. well, today has been a bit of a quiet day here at the white house. publicly, the president has been scarce, no sign of him. behind closed doors, i'm told a few meetings internally, but mostly, relatively quiet. i expect we will see more from the president, perhaps we could even see him publicly tomorrow. perhaps he could even meet with or talk to some of the congressional leaders. the president's role in all of this, he can get each of the leaders to come closer on what the white house believes is already, pretty clearly, the framework for a final deal, and he can also
CNBC
Dec 28, 2012 9:00am EST
to go up. but we only run the house. democrats continue to run washington. >> call me a hopeless optimist, but i actually still think we can get it done. >> eamon javers live in washington. eamon, fascinating to look at that tape in retrospect. >> i think a lot of people in washington think the make-or-break deal making sessions have already happened here. and one republican senator i talked to this morning said there are very low expectations now for this meeting at the white house today. and boy, how times have changed, carl. just watching that tape that you just ran. one of the things that i'll be watching for when i'm standing on the white house north lawn this afternoon is whether or not these four congressional leaders come out as they did back in november and talk to the press after the meeting. we've had a lot of meetings at the white house where people have left very quickly, gotten into a suv and driven off the complex without talking to reporters. if they come out to those microphones after this meeting and come out together, i think that will be a hopeful sign that pe
FOX News
Dec 27, 2012 9:00pm PST
washington continue with this out of control spending, debt, maybe now, at this moment, maybe that is the right thing to do. and joining me now with reaction to this developing story are two house republicans, congressman louie gomert. welcome back to "hannity". >> good to be with you. >> sean, i can -- . >> sean: go ahead. >> i can sympathize that he can not imagine our consciences in the house because you'd have to have one to aimagine ours. and he's shown repeatedly, over three years of no budget? come on. jm%lx >>> and first through on december 31. up, hairy reid saying it's time to cut spending not for now, but future generations who arere"Ñde one that's have to pay this off? >> it seems tozc)Ñ my, congressn gomer this has been the bush tax cuts have been lost since what? twun and 2003? seems that if the president fiscal cliff, you guys pass a bill. he hasn't done in three years. they can pass in the senate give it to the president, then nobody's taxes are going to go up. prices averted then, they candlg spend time after the new year negotiating tax reform, çd living
CNN
Dec 28, 2012 1:00pm PST
, washington. >> one of the biggest political moments playing out right now at the white house. let's go live there to the white house you november and show you what is going on. there it is. the president has made a proposal. it says if they don't have a counter proposal, the president is asking for an up or down vote in the house and the senate. picking it up from here, candy crowley will be doing "the situation room". thanks for watching. now to candy. >>> happening now, new details of the meeting between president obama and congressional leaders for what could be a last-ditch effort to avoid the fiscal cliff. >>> families in the making ripped apart. russia officially bans the adoption of russian children by americans. >>> and for the second time in a month, a man pushed to his death from a new york city subway platform in the path of an oncoming train. wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> all eyes on that white house this hour. and the meeting that may be the last best chance to keep the country from going over the fiscal cliff. right now, the leader
NBC
Dec 28, 2012 5:00pm EST
federal law to disclose fees. -- breaking news out of washington. >> we're going to the white house where president obama is about to give a statement on the fiscal cliff. >> we also want to ask the wealthiest americans to pay a little more. it affects everyone striving to get into the middle class. i still want to get this done. it's the right thing to do for our families, for our businesses, for our entire economy. the hour for immediate action is here. it is now. we are now at the point where in just four days, every american's tax returns but rigid schedule to got by law. every americans' paychecks will get considerably smaller. that would be the wrong thing to do for our economy, middle-class families, and it would be bad for businesses that depend on family spending. fortunately, congress can prevent it from happening if they act now. i just had a good and constructive discussion with senate and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we still may be able to reach agreement that can pass both houses in time. senators reid m. mcconnell
MSNBC
Dec 28, 2012 12:00pm PST
to what we have now. >> reporter: yeah. >> talking about why in "the washington post" a couple of months and said never have we seen them this dysfunctional and criticize both parties and now acknowledge the core of the problem lies with the republican party. what do you think is going on with this truly do nothing congress? >> reporter: well, toure, one is tempted to be flip and say there's post offices that needing naming in the '50s and inflated the numbers and really essentially looking at the numbers the vast majority of those bills, the vast preponderance of those bills is sort of inconsequential bills. they have a special day reserved for post office namings and singing the praises of this day or that day or motherhood or apple pie and so, you know, it's sort of really hard to tell and it's fairly strong indication as if we needed that number to indication of how dysfunctional this congress is. here's somebody, a speaker in the background there saying speaker boehner arrived at the white house and listening to that together. and let me segue back to what's going to be offered here
CNN
Dec 28, 2012 11:00am PST
, it is washington. and it is a lot at stake. it is about people's taxes, and, you know, the social safety net in america. it is the difference between democrats and republicans. >> yeah. we're going to talk more about the money now. thank you, jessica yellin. appreciate it. to new york now, joining us rick neuman, chief business correspondent for "u.s. news & world report." i want to ask you about the tax increase if there is no deal and tax rates rise, when would workers begin to see that reflekr reflected in their paychecks? when does the pain start? >> this is not one tax hike. this is about nine different sets of taxes. and the one that would go up right away is the payroll tax. that was cut temporarily in 2 009, cut by two percentage points and will go back up by two percentage points and that would come out of workers' paychecks right off the bat. it would add up to something like $60, $70 a month for the typical worker. we hear about all the tax rates that are going up, that actually wouldn't involve money that is in people's pockets until they actually pay their taxes or do their tax
CNN
Dec 28, 2012 2:00am PST
connell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house speaker john boehner is saying the senate needs to just take up a house pass bill that has already passed t
CNN
Dec 27, 2012 10:00pm PST
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MSNBC
Dec 28, 2012 1:00pm PST
's a little more for the optics. look, one thing i think all americans should be aware of is that washington has failed us again. because even if we get something that avoids the fiscal cliff by some makeshift deal, it's not addressing the real problem, and the real problem is somehow we're going to come up with $1.2 trillion or more in revenue and significant spending cuts on all sides including military cuts and entitlement cuts so we can actually put our debt under control. until we do that, all we're doing is kicking the can down the road. now, is there a value to kicking the can down the road in avoiding the fiscal cliff? yes. but if they go over the cliff and then fix it in the next week with another stopgap, is there any real harm? who knows. if that make it is easier for republicans to vote for it, is it a disaster? probably not. but understand we had seven weeks in which we could have a done a big deal which would have gotten the debt under control, would have caused the economy to -- it would have been a catalyst to have this economy take off, and we blew it. we blew it. >> you kno
CNBC
Dec 28, 2012 1:00pm EST
was very strong. the dow up 68 points. michelle, back to you. >>> all right, mary. washington, the country wants to know are you going to rise above or are you going to throw us off the cliff? another meeting set for the white house. eamonjavers is at the white house. >> we could fix this on the back of an envelope. that's not hard to imagine. what's hard is getting washington agree to it. that sound that you hear is the sound of thousands of reporters trying to read the minds of five people, the four congressional leaders and the president of the united states who are going to be in that room at 3:00 this afternoon. a whole lot of mind reading going on. not a whole lot of fact to work with. what i am told is if you want to understand where the president's brain is as he goes into this meeting today, you've got to look back at his remarks just after 5:00 p.m. on friday last week in which he laid out his vision for sort of a shorter term emergency kind of a deal. with that in mind, let me lay out what barack obama could propose in this meeting today if he lays something out. it would start
CNBC
Dec 28, 2012 6:00am EST
to be talking about around the globe. congratulations, washington. >> see you later. japan, we have to keep all eyes on japan. >> that guy abe. what's his name? >> abe. you're talking about abe? >> that is the guy. honest abe. >> by the way, we have to talk about the john carney story. >> let me read it first. >> we can do that, too. >>> coming up, why investors member willing to take on more risk in 2013. first, as we head to a break, take a look at yesterday's winners and losers. >> that was wonderful. bravo. >> i loved that. it was great. >> it wasn't bad. >> there were parts of it that could have been a lot better. >> it was pretty terrible. >> it was awful. >> boo! [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. your doctor will say get
FOX
Dec 28, 2012 6:00am EST
the economy billions of dollars. 3 a high-stakes meeting will be held in washington today.... betweenn resident obama ad &ptop coonressional leaders. leaders.they've got just 4 days left to reach an aageement... before the u-s economy goes over the poocclled "fiscal cliff." that's when automatic taxx increases and spending cuts would take effect. democrats wann to extend the bush-era tax cuts to everyone except ttose americans making 250- thousand dollars or more a year. but many republicans remain gginst any tax increases. if lawmakers don't peach a deal by january 1st... it could eventually lead to another recession. with all eyes on thh fiscal cliff... there's anothee deadline quickly approochinn that might have consumers concerned... the "milk cliff." it's part offa stalled farm bill... that includes nearlyy35-billioo- dollars in cuts. f the bill doesn't make it throuuh congress before the end of the year... the government will be forced tt buu vast quuntities of milk under a trummnnera law. that could send as 6 to 8 dollars ggllon... because the government would
NBC
Dec 27, 2012 10:00pm EST
? >> no. >> mrs. obama didn't know? these are big-time washington diplomatic security secrets. >> yes. this was such an important secret to keep, no one in the state department knew. the same, i think, except for those with need-to-know in the pentagon and cia and certainly the white house. so i just felt a personal responsibility to keep it close, but that meant that i was basically, you know, having to consult with myself, to be honest. >> keeping this secret also meant going on about the business of presidency, touring that awful storm damage in alabama while knowing at athat very moment u.s. navy s.e.a.l.s were already the on the move halfway around the world. you had to go to tuscaloosa? >> yes. >> you had to go have fun at the correspondents dinner? >> yes. >> seth meyers makes a joke about osama bin laden. >> did you know that every day from 4:00 to 5:00 he hosts a show on c-span? >> how do you keep an even keel, even when we look back on the videotape of that night, there's no real depiction there's something afoot? >> you know, when i go down to tuscaloosa, i'm very much pres
CNBC
Dec 28, 2012 12:00pm EST
of corporate hesitancy about their actual business given what is going on in washington. i don't really think that the tangible stakes are that high for most businesses. it just happens to be this overhang. so i do think that is a major concern and really i think that -- >> you can paint it another way. >> hold it. both you guys said that the debt ceiling is a major concern for corporations. >> yep. >> tell me why that is. i'm on the other side of the fence. i don't agree with that. i think once we get, once the corporations know what the bargain is, the grand -- they have some certainty, the biggest risk is this. >> what is the trade-off to raise the spending limit? the trade-off is likely to be the republicans are going to want spending cuts. that is why it is. >> we've been there before with debt ceilings and we've always gotten through. we put the government on hiatus in terms of spending money but we've always gotten through it. to me that is not the seminole issue. if that is i'm happy to be on the other side of the trade. >> i wasn't saying it is an actual issue. i said it was surprise
Search Results 0 to 19 of about 20